As part of the lecture series between UCL Institute for Innovation and Public Purpose (IIPP) and the British Library, Professor Stephanie Kelton speaks on why a government budget should not be looked at in the same way as a household budget. Drawing on her experience as the Chief Economist on the US Senate Budget Committee, Stephanie Kelton gives a beginner’s class on public deficits and what (almost) everyone is missing in the debate over the government’s budget. Is the government’s budget really just like a family budget? (Teaser: It’s not!)
https://www.youtube.com/watch?v=6IBEoWSiTHc&app=desktop